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Why the world needs a spot Bitcoin ETF in the US: 21Shares CEO explains

Total assets invested in crypto ETFs and ETPs hit $16.3 billion by the end of the first quarter, but the community is still waiting for a spot Bitcoin ETF in the U.S.
Despite the growing adoption of various cryptocurrency exchange-traded funds (ETFs) all over the world, the global trading community continues to ask one question: When will a spot Bitcoin (BTC) ETF go live in the United States?According to some ETF analysts, a spot Bitcoin ETF could become real in mid-2023, following years of rejection by the U.S. Securities and Exchange Commission (SEC). Despite the SEC’s apparent unwillingness to allow such a product, industry players like Grayscale continue to actively push for a spot BTC ETF.There are a decent number of reasons why a potential approval of a spot Bitcoin ETF by the SEC remains one of the most anticipated events in the community.21Shares CEO Hany Rashwan believes that a spot Bitcoin ETF would open up the c

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We współpracy z: https://cointelegraph.com/news/why-the-world-needs-a-spot-bitcoin-etf-in-the-us-21shares-ceo-explains

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